Bitcoin users sue over lost funds

13 August 2012 Last updated at 14:33 Share this page Delicious Digg Facebook reddit StumbleUpon Twitter Email Print Bitcoin users sue over funds lost in site attack Trading websites like Bitcoinica are used to exchange Bitcoins for "real" money Continue reading the main story Related Stories Bitcoin 'will recover' from crash Can a virtual currency do away with banks? Listen A Bitcoin website - which handles virtual currency trading - has been sued by four users who said it failed to provide adequate compensation following a security breach. Bitcoinica suffered an attack earlier this year and the theft of $228,000 (£145,000) of the virtual currency. The users said the site neglected to keep money safe, and has not honoured a promise to return lost funds. They have asked for $460,458 in costs and damages. Bitcoin is a peer-to-peer powered currency consisting of anonymous, he...